Mainstreet Launches Direct Investment Initiative for Funding Bloomington Project

INDIANAPOLIS, May 6, 2014 /PRNewswire/ — Mainstreet, the nation’s largest
and most innovative developer of short-stay rehabilitation facilities, has
announced the launch of a direct investment initiative to fund its new
Bloomington project.

Mainstreet and MS Bloomington, LLC are offering investors an exciting
opportunity to participate directly in the MS Bloomington development project
and earn a targeted 10% annualized cash yield plus potential upside. In
conjunction with CrowdStreet, investors will have the opportunity to review the
project and relevant information on a secure web site and commit capital
directly to the project on-line.

“Consistent with our mission to think differently, innovate and transform
industries, Mainstreet is among the first to offer private real estate
investment opportunities directly to the public,” said Zeke Turner, Founder and
CEO of Mainstreet. “Direct investment initiatives for real estate have great
potential to not only fund worthwhile projects like this, but also to provide
individuals interesting and compelling opportunities they historically may not
have had access to. We couldn’t be more excited about unlocking the potential of
direct investment funding initiatives for real estate as we believe it will
transform the industry. We are also excited to partner with the CrowdStreet
team, a forward thinking, and visionary platform on the leading edge of the
industry.”

“We couldn’t be more pleased with the opportunity to work with Mainstreet on
this pioneering initiative,” said Darren Powderly, Co-Founder of CrowdStreet.
“Our goal is to connect accredited investors with high-quality,
professionally-managed real estate investments. The Mainstreet team has a proven
business model and a track record of success.”

Mainstreet will host an information session for accredited investors on Tuesday,
May 13, 2014 at 10 am in Bloomington. Reservations are required. For more
information, visit www.buildmainstreet.com.

About MainstreetĀ®

Indiana-based Mainstreet is the nation’s most innovative developer of short-stay
rehabilitation properties, known for acquiring and developing desirable,
concierge-based health care properties. The company’s industry-leading Next
GenerationĀ® designs meet the demands of the Baby Boomer, creating communities
with multiple social destinations, restaurant-style dining, spacious private
rooms and baths, and therapy/wellness. Mainstreet was named to the Inc. 500/5000
list of fastest-growing companies in 2010, 2011 and 2012. For additional
information, visit www.mainstreetinvestment.com.

About CrowdStreet

CrowdStreet is a Crowdfunding platform connecting accredited investors with
high-quality, professionally-managed investment real estate opportunities.
Investors gain access to exclusive investment property opportunities and a
dashboard where they can track their investments. Sponsors get a new source of
capital for acquisition, recapitalization/refinance or redevelopment. For
additional information, please visit www.crowdstreet.com.

This press release does not constitute an offer to sell these securities, nor
will there be any sale of these securities in any state or other jurisdiction in
which such offer, solicitation or sale is not permitted. Securities in MS
Bloomington, LLC will only be available to persons who are “accredited
investors” (as defined in the Securities Act of 1933, as amended) and who are
interested in investing in MS Bloomington, LLC on their own behalf. Investors
will be provided a subscription agreement and additional documentation, all of
which should be read in their entirety. The purchase of the securities is highly
speculative and involves a high degree of risk. No assurance is given by
Mainstreet or MS Bloomington, LLC that investors will receive the targeted
returns.

Contact: Kate Snedeker, Mainstreet
ksnedeker@mainstreetcap.net
317-582-6200

SOURCE Mainstreet

 

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